This Chart Shows Which Cities Have The Highest Percentage Of Renters
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The Joint Center for Housing Studies at Harvard University is out with a new study today on the state of the rental housing market in the United States.
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Rental rates have increased significantly in recent years and there are now 43 million renter households across the country. More than half of renters earn less than $30,000 per year, with 22% earning less than $15,000.
The chart below compares the rentership rate of major America cities. Los Angeles has the highest rental rate at more than 50%. St. Louis and Minneapolis are last at nearly 30%.
Check it out:
Joint Center for Housing Studies of Harvard University
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